New Zealand Gazette – 2005 – No. 185

Page 4674

✨ Rules of Auckland Regional Holdings



4674 NEW ZEALAND GAZETTE, No. 185 7 NOVEMBER 2005

Rules of Auckland Regional Holdings

This document constitutes the rules of Auckland Regional Holdings made by the Auckland Regional Council by council resolution dated 26 September 2005 under section 23(4) of the Local Government (Auckland) Amendment Act 2004.

1. Interpretation

1.1 Definitions

In these Rules, unless the context otherwise requires:

Act means the Local Government (Auckland) Amendment Act 2004;

ARC means the Auckland Regional Council;

ARC Group means the ARC and any council-controlled organisation of the ARC;

ARH means Auckland Regional Holdings constituted under the Act;

ARH Controlled Organisation means any organisation in respect of which ARH has control of:

(a) the exercise of 50% or more of the voting rights at a meeting of (if that organisation is a company) the shareholders of the company or (if that organisation is not a company) the members or the controlling body of that organisation; or

(b) the appointment of 50% or more of the directors, trustees or managers (however described) of the organisation;

and includes an organisation:

(c) which is a subsidiary (as defined in section 5(1) of the Companies Act 1993) of ARH;

(d) which acts, or is accustomed to act, in accordance with the wishes of ARH; or

(e) over which ARH is able (directly or indirectly) to exert a substantial degree of influence over that organisation’s activities;

ARH Group means ARH and any ARH Controlled Organisation;

Board means Directors who number not less than the required quorum acting together as the board of directors of ARH;

Director means a person appointed as a director of ARH in accordance with these Rules;

Interests Register means the interests register maintained by ARH under these Rules;

Long Term Funding Plan means the then current long term funding plan of ARH under section 21 of the Act;

Material Transaction means:

(a) the acquisition of, or an agreement to acquire (whether contingent or not):



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 185


Gazette.govt.nz — PDF NZ Gazette 2005, No 185




✨ LLM interpretation of page content

🏘️ Rules of Auckland Regional Holdings

🏘️ Provincial & Local Government
26 September 2005
Rules, Auckland Regional Holdings, Local Government, Definitions
  • Auckland Regional Council